Iron ore continues to be a significant part of Tasmania’s mineral landscape, with the state’s leading operation undergoing some expansion works to ensure it maintains its annual production of two million-plus tonnes of magnetite concentrate. Meanwhile, a short-lived project to the south is ready to recommence mining once economic conditions improve. Located 60 kilometres southwest of Burnie, Grange Resources Ltd’s (ASX:GRR) Savage River has been subjected to a definitive feasibility study (DFS) into underground extraction below the north pit and its integration with the company’s current open-cut operation. According to the miner this document has revealed some robust financial outcomes.…
Ardea Resources Limited has partnered with Sumitomo Metal Mining Co., Ltd (SMM) and Mitsubishi Corporation (MC) to form a 50:50 incorporated joint venture named Kalgoorlie Nickel Pty Ltd (KNPL) for the development of the Kalgoorlie Nickel Project (KNP) - Goongarrie Hub in Western Australia. Under the terms of the Cooperation Agreement, the Consortium, Ardea, and KNPL will jointly fund and conduct the Definitive Feasibility Study (DFS), with the Consortium funding 100 per cent of the DFS costs up to the agreed budget of approximately $98.5 million. Additionally, the Consortium will assist KNPL in optimising debt financing to earn an ultimate…
Northern Minerals Limited (NTU), a key player in heavy rare earth (HRE) exploration and development, has announced the reception of high-grade assay results from ongoing mineral resource definition drilling at the Wolverine deposit within the Browns Range Project in Western Australia. The latest assay results validate the presence of wide and high-grade mineralised intervals across the Wolverine deposit, which remains open at depth. Notable new intercepts include 15.6 metres at 9.99 per cent Total Rare Earth Oxides (TREO) from a depth of 428.20 metres, alongside other substantial intercepts that highlight consistent mineralisation throughout the targeted areas. The primary objective of…
Aurumin Limited (AUN) has expanded its flagship Sandstone Gold Operations with the acquisition of five new exploration tenements. This addition reinforces Aurumin’s presence in the prolific Youanmi Terrane, located 520 kilometres northeast of Perth, as part of the company's 100 per cent owned 946 koz Au Central Sandstone Project. The newly acquired tenements, spanning an additional 60 square kilometres, include historical workings and well-defined mineralisation trends, which are key to Aurumin's ongoing development strategy. These tenements are poised to enhance the company's exploration capabilities and drive significant value for stakeholders. Aurumin Managing Director Brad Valiukas stated: “After repositioning the company…
Aurumin Limited (ASX: AUN) has completed drilling at its 100 per cent owned Central Sandstone Project, located 520 kilometres northeast of Perth. The project is part of Aurumin's Sandstone Operations, which also include the Birrigrin and Johnson Range Projects, boasting a total resource of 946koz Au. The drilling campaign, conducted with Reverse Circulation (RC) methods, comprised 38 holes and 3888 metres drilled. The primary objectives of the drilling were to test seven new open pit targets and to investigate extensions at two existing open pit resources. The drilling targeted multiple depositional models and styles, including porphyry/intrusive hosted vein style, banded…
Intra Energy Corporation Limited (IEC), an environmentally responsible mining and energy group, has announced compelling lithium, tantalum, niobium, caesium, and tin assays from rock chip sampling at the Maggie Hays Hill (MHH) project. These results significantly enhance the project's lithium prospectivity and validate IEC's exploration strategy. The latest round of sampling, conducted over the most prospective section of outcropping pegmatites, revealed averaged lithium assays of 503 ppm, indicating the presence of lithium-rich pegmatites. Additionally, encouraging caesium and tantalum values, with average assays of 139 ppm and 107 ppm respectively, suggest the potential for multiple mineralisation targets. These findings, along with…
WA Regional Development Minister Don Punch recently revealed a cutting-edge robotic welding assistant at MAS Equipment's West Kalgoorlie workshop. The innovative 'Cobot,' supported by the Regional Economic Development (RED) Grant program, is set to revolutionise the business's capacity to service the mining industry in the Goldfields while enhancing safety, productivity, and job opportunities. The 'Cobot' is designed to perform a variety of welding tasks with precision and efficiency, ensuring high-quality manufacturing and production for clients. This new technology will not only increase MAS Equipment's competitiveness in the industry but also contribute to the upskilling of workers, making the mining sector…
A selection of the finest rough diamonds from Rio Tinto’s Australian and Canadian mines will be tendered to diamond specialists from around the world in October and November. Headlining Rio Tinto’s forthcoming ‘Specials’ Tender, which showcases rough diamonds greater than 10.8 carats, is Lot number 1, Diavik Helios, a 74.48-carat Fancy yellow diamond. The Diavik Helios takes its name from the pure yellow sunlight emitted by the mythical Greek God of the Sun. Fancy yellow diamonds are rare finds from the Diavik diamond mine in the remote Northwest Territories of Canada which primarily produces high-quality white diamonds. Patrick Coppens, General Manager,…
Pan Asia Metals Limited (PAM) has held positive discussions with the Phang Nga Provincial Government regarding its exploration, mining and mineral processing aspirations in Thailand. PAM was recently invited by the Chief Executive Offer of the Phang Nga Provincial Administrative Organisation (PAO), a Phang Nga Provincial Government coordinating body, to present the Reung Kiet Lithium Projec, located approximately 70 kilometres northeast of Phuket in the Phang Nga Province in southern Thailand. In brief, the PAO wants to ensure that the requirements of the project are incorporated into the Phang Nga New Town Planning Committee’s zoning plans to ensure it can…
Eagle Mountain Limited intends to develop a low-cost mining operation which means increasing the resource base both within its 80 per cent owned Oracle Ridge Mine Project in Arizona, USA and in the near-mine vicinity. Diamond drilling commenced at Oracle Ridge in early September and was designed primarily to target extensions of the high-grade portions of the existing Mineral Resource Estimate (MRE). Five of the six drill holes completed intersected skarn-hosted copper mineralisation. Additionally, mineralisation has been encountered in the Leatherwood granite, which opens up the prospectivity of this rock unit. Samples have been submitted to the laboratory and assay…
Barrick Gold Corporation has advised that plans to extend the life of the Hemlo gold mine in Canada by transitioning it to a modernised Tier Two [1] asset with a purely underground operation are 'well underway' as open-pit mining at the mine starts winding down. The Hemlo open pit has been mined since 1989 and has produced over 2.8 million ounces of gold. It was originally used to produce blasted rock for the backfilling of the mine’s underground stopes but in 2002 a truck fleet and key personnel were seconded from Barrick’s Nevada mines to establish the pit as a…
Endeavour Mining (Endeavour or the Company), has announced that mining operations have successfully restarted at its Boungou open-pit gold mine in Burkina Faso, following the mobilisation of the West African mining contractor and completion of infrastructure and operating improvements. Endeavour has also confirmed potential annual synergies of $35 to $40 million during its SEMAFO integration process. The identified synergies are in the areas of procurement and supply chain optimisation, corporate and in-country G&A savings, centralisation of technical services and functions across the group. It is estimated that 60 per cent of these synergies will be progressively unlocked by year end…
Rio Tinto and China Baowu Steel Group have celebrated a significant milestone reached by its landmark Bao-HI Ranges iron ore joint venture (JV) with more than 200 million tonnes of iron ore now shipped from the Pilbara to mills in China. The 200 millionth tonne of iron ore sold under the partnership was mined at Eastern Range, located approximately 10 kilometres south of Paraburdoo. It departed Rio Tinto’s Cape Lambert port on board the Baosteel Li Da last month before arriving at Majishan, China, on 19 September. The shipment followed a broader milestone for Rio Tinto with the company shipping…
Australian Strategic Materials (ASM), through its partner Ziron Technology Corporation (Ziron Tech), has successfully produced 8.6kg of a high purity zirconium metal at its commercial pilot plant in South Korea. The planned flowsheet for ASM’s 100 per cent owned Dubbo Project, located in central-western NSW, incorporates the production of both industrial-grade zirconia and dehafniated zirconia (ZrO2) and hafnium oxide (HfO2) using a process patented by Australia's Nuclear Science and Technology Organisation (ANSTO) with ASM having an exclusive global licence. Successful production of this high purity zirconium metal from commercial-grade zirconia is an important milestone for ASM. ZironTech has received confirmation…
